Reconstructing ABC Trust Divisions & ABC Accountings: Is Cleaning up a Trust Division as Easy as ABC?

Danielle Humphries presented “Reconstructing ABC Trust Divisions & ABC Accountings: Is Cleaning up a Trust Division as Easy as ABC?” to professional advisors in the San Diego area on behalf of the Office of Gift Planning at Scripps Health Foundation. The presentation covered when, if ever, a trustee can ignore or amend trust language requiring division of trust assets into AB or ABC sub-trusts. Danielle also shared tips for reconstructing the division of assets from date of death and preparing accountings for all three trusts from date of death, along with negotiating with remainder beneficiaries.